08-31 07:46 - 'I think yes. / During this bull cycle I think ETH can outperform BTC. But crypto valuation is high enough right now that a sharp drop is possible with bad news, and Bitcoin definitely has far superior downside pr...' by /u/Panda_Procrastinator removed from /r/Bitcoin within 505-515min
''' I think yes. During this bull cycle I think ETH can outperform BTC. But crypto valuation is high enough right now that a sharp drop is possible with bad news, and Bitcoin definitely has far superior downside protection compare to ETH. Bitcoin also has ~2.5x the liquidity judging from orderbooks (only really matter if you buy lots though). Other alts are mostly FoTMs and depending on luck you might pick one that has explosive gains (and it can be very, very tempting to buy in). But do know that you can also pick one that just die and stay dead. It's like rolling a roulette, I personally do not recommend this. Over the long run, I think Bitcoin will outperform the average altcoin. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Panda_Procrastinator
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I bought bitcoin on Coinbase while at £7k price, if I move all my bitcoin to my Ledger wallet while at this new £8.5k price. Then BTC drops, say, to £8k. It will show on LL app I have lost money, in reality I am still up. How to adjust this?
So I bought my BTC few months ago when it was priced at £7k. If I move my bitcoin from Coinbase to Ledger, currently while it’s at this £8.5k price. And then, for example it goes down to, say, £8k. On the Ledger Live app it will show as I have lost money. In reality I would still be up since I bought when it was valued at £7k. How to adjust this? Is there a way to adjust it so it shows the price I paid for the bitcoin? Or no? Thanks! In advance
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